Media Feeds America’s Skepticism about Trade

By Daniel Ikenson

As usual, Dan Griswold does an excellent job today correcting fallacies about trade and the trade deficit that continue to be perpetuated in the mainstream media (particularly at the Washington Post).   I just want to add my two cents without belaboring any of Dan’s succinctly-made points.  (Besides, I’ve harped on and on and on [...]

When Keynesians Attack

By Daniel J. Mitchell

If I was organized enough to send Christmas cards, I would take Richard Rahn off my list. I do one blog post to call attention to his Washington Times column and it seems like everybody in the world wants to jump down my throat. I already dismissed Paul Krugman’s rant and responded to Ezra Klein’s reasonable criticism. [...]

Grigori Rasputin Bailout

By Neal McCluskey

Sending billions of federal taxpayer dollars to teachers and other public school employees is the bailout that just won’t die. It’s been sliced, shot up in a firefight between Democrats, and even had a battle with food stamps, but it just can’t be killed!
Now, let’s be clear: This is not some wonderful crusade all about helping ”the children.” It is pure political evil, a naked ploy [...]

Responding to Paul Krugman and Ezra Klein

By Daniel J. Mitchell

I seem to have touched a raw nerve with my post earlier today on my International Liberty blog,  comparing Reagan and Obama on how well the economy performed coming out of recession. Both Ezra Klein and Paul Krugman have denounced my analysis (actually, they denounced me approving of Richard Rahn’s analysis, but that’s a trivial detail). [...]

Democrats Ignore 80% of Workers in Service Sector

By Daniel Griswold

In a bid to revive their sagging election prospects, congressional Democrats have hit on the theme of promoting domestic U.S. manufacturing. As a front-page story in the Washington Post reports today, the party has adopted the bumper-sticker slogan, “Make It in America.”
I’m all for making things in America, when it makes economic sense to do [...]

Obamanomics and my Seven Steamy Nights with the Gals from Victoria’s Secret

By Daniel J. Mitchell

The White House is claiming that the so-called stimulus created between 2.5 million and 3.6 million jobs even though total employment has dropped by more than 2.3 million since Obama took office. The Administration justifies this legerdemain by asserting that the economy actually would have lost about 5 million jobs without the new government spending.
 
I’ve [...]

Jilted Cavs Fans Should Blame Ohio’s Income Tax

By Daniel J. Mitchell

Supporters of the Cleveland Cavaliers, especially the owner of the team, are upset that basketball superstar LeBron James has decided to sign with the Miami Heat. The anger is especially intense because the Cavaliers offered James $4 million more over the next five years. But their anger is misplaced because more money in Cleveland actually [...]

The Tweedle Dee and Tweedle Dum of Fiscal Policy

By Daniel J. Mitchell

The fault line in American politics is often not between Republicans and Democrats, but rather between taxpayers and the Washington political elite. Here are two examples that symbolize why economic policy is such a mess:
First, we have President George W. Bush’s former top aide, Karl Rove, making the case in the Wall Street Journal that [...]